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GLGI (Greystone Logistics) Operating Income : $2.83 Mil (TTM As of Feb. 2025)


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What is Greystone Logistics Operating Income?

Greystone Logistics's Operating Income for the three months ended in Feb. 2025 was $1.36 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2025 was $2.83 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Greystone Logistics's Operating Income for the three months ended in Feb. 2025 was $1.36 Mil. Greystone Logistics's Revenue for the three months ended in Feb. 2025 was $14.32 Mil. Therefore, Greystone Logistics's Operating Margin % for the quarter that ended in Feb. 2025 was 9.52%.

Good Sign:

Greystone Logistics Inc operating margin is expanding. Margin expansion is usually a good sign.

Greystone Logistics's 5-Year average Growth Rate for Operating Margin % was 10.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greystone Logistics's annualized ROC % for the quarter that ended in Feb. 2025 was 11.12%. Greystone Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2025 was 14.04%.


Greystone Logistics Operating Income Historical Data

The historical data trend for Greystone Logistics's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greystone Logistics Operating Income Chart

Greystone Logistics Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 6.26 2.82 9.14 6.55

Greystone Logistics Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 1.36 0.08 0.02 1.36

Greystone Logistics Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.83 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Greystone Logistics  (OTCPK:GLGI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Greystone Logistics's annualized ROC % for the quarter that ended in Feb. 2025 is calculated as:

ROC % (Q: Feb. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2024 ) + Invested Capital (Q: Feb. 2025 ))/ count )
=5.452 * ( 1 - 16.72% )/( (41.607 + 40.088)/ 2 )
=4.5404256/40.8475
=11.12 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Greystone Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2024  Q: Feb. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.632/( ( (36.939 + max(4.022, 0)) + (35.801 + max(3.462, 0)) )/ 2 )
=5.632/( ( 40.961 + 39.263 )/ 2 )
=5.632/40.112
=14.04 %

where Working Capital is:

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.455 + 3.505 + 1.154) - (4.07 + 0.023 + -0.00099999999999945)
=4.022

Working Capital(Q: Feb. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.19 + 3.19 + 0.932) - (5.828 + 0.023 + -0.00099999999999945)
=3.462

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Greystone Logistics's Operating Margin % for the quarter that ended in Feb. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2025 )/Revenue (Q: Feb. 2025 )
=1.363/14.316
=9.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Greystone Logistics Operating Income Related Terms

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Greystone Logistics Business Description

Traded in Other Exchanges
N/A
Address
1613 East 15th Street, Tulsa, OK, USA, 74120
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic. Its products include rackable pallet, can pallet, display pallet, monoblock pallet, rackable pallet, drum pallet, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
Executives
Drew T. Lockard director 4436 POTOMAC AVENUE, DALLAS TX 75205
Warren F Kruger officer: President 1613 E. 15TH STREET, TULSA OK 74120
Larry J. Lebarre director 7518 MIDDLEWOOD, HOUSTON TX 77063
William W Rahhal officer: Chief Financial Officer 1613 E. 15TH STREET, TULSA OK 74120
Paul Kruger 10 percent owner 1801 GATEWAY BLVD.,, SUITE 105, RICHARDSON TX 75080
Bob L Moore director, officer: President & CEO 1613 E 15 ST, TULSA OK 74120
Glog Investment Llc director, 10 percent owner 1613 E 15 ST, TULSA OK 74120
Robert Howard Nelson officer: CFO & COO 1613 EAST 15TH STREET, TULSA OK 74120
Marshall S Cogan director 767 THIRD AVENUE 15TH FLOOR, NEW YORK NY 10017
Rosene Robert B Jr director 3226 E. 62ND STREET, TULSA OK 74136
Westgate Capital Co Llc 10 percent owner
Westgate Investments L P 10 percent owner 1613 EAST 15TH STREET, TULSA OK 74120